Sharkawy & Sarhan Law Firm (Sharkawy & Sarhan) has been instrumental in the pivotal step forward for the transformative Damietta Port Project, participating in the signing of the Financing Documents following the earlier signing of the Step-In Agreement by the Ministry of Transport. The Step-In Agreement ceremony took place at the Ministry of Transport, graced […]
Banking & Finance
Capital Markets
Egypt
Zaki Hashem, Attorneys at Law Facilitates Corplease’s Record-breaking EGP 3.177
Zaki Hashem, Attorneys at Law, proudly announces the successful closure of a monumental securitization deal for Corporate Leasing Company Egypt SAE (Corplease), marking a significant milestone as the 13th issuance for the esteemed company. The
Banking & Finance
United Arab Emirates
Latham & Watkins: Tabby’s Debt Financing and Series D Extension
International law firm Latham & Watkins has provided legal counsel to Tabby, a prominent shopping and financial services app in the Middle East, in securing a substantial US$700 million in receivables securitization from J.P.
Banking & Finance
Real Estate, Construction & Infrastructure
United Arab Emirates
Baker McKenzie in Aldar’s landmark European Real Estate Venture
Under the legal guidance of international law firm Baker McKenzie, Aldar Properties (“Aldar”), a prominent real estate developer, investor, and manager based in Abu Dhabi, has successfully completed a AED 400 million investment in two European
Fintech platform Tamara, advised by Latham & Watkins, has become Saudi Arabia’s first homegrown fintech unicorn after a successful Series C equity funding round. The $340 million investment, co-led by SNB Capital and Sanabil Investments,
Barakat, Maher & Partners, in association with Clyde & Co, has advised JAF Investment on its EGP 177 million 30 per cent dual acquisition (under execution) of Rawaj Consumer Finance and
The Saudi Central Bank (SAMA) has recently issued a new set of rules for Buy Now Pay Later (BNPL) services in the Kingdom. These rules aim to regulate the BNPL market and protect the interests
Banking & Finance
United Arab Emirates
UAE’s Enhanced AML/CFT Framework: A Deep Dive into Cabinet Decision
Taking Measures to Combat Money Laundering and Terrorism Financing Crimes Cabinet Decision No. 109/2023 marks a significant step in the UAE’s fight against financial crime, introducing a robust and forward-thinking approach to anti-money laundering (AML)
Matouk Bassiouny & Hennawy (MBH) advises EBank on their EGP 2 billion medium-term facility agreement with Abd El Salam El Feky & Partners Matouk Bassiouny & Hennawy (MBH) provided legal counsel to the Export Development Bank
Banking & Finance
Capital Markets
Egypt
Dreny & Partners Successfully Closes EGP 984.5 Million Securitization Transaction
Dreny & Partners proudly concludes B.TECH for Trade & Distribution’s second securitization endeavor, totaling EGP 984.5 million. This transaction forms part of a comprehensive 2-year, EGP 5 billion multi-issuance program. CIB Egypt assumed the pivotal
